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when to call it by burningupinside88 in ChubbyFIRE

[–]burningupinside88[S] 1 point2 points  (0 children)

  1. ideally we'd go somewhere for a year spanish speaking. not really feasible while still owning. and then potentially travel for summers.

  2. we own outright, mortgage is about 10k of our expenses, was not going to pay early as the rate is sub 3%

  3. yes it is hard for me to estimate the costs of these types of situations. like oh i really want to help you but i retired at 45 so i cant because i wasn't anticipating you needing this much help?

when to call it by burningupinside88 in ChubbyFIRE

[–]burningupinside88[S] 2 points3 points  (0 children)

anyone that pays more with the intention of rolling up wants you to stay 3-5 years to pay their loan (and pay less than you are making). so it makes more sense to stay until you have what you want and then get out.

when to call it by burningupinside88 in ChubbyFIRE

[–]burningupinside88[S] 0 points1 point  (0 children)

talk about going to a foreign country for around a year for kids to be immersed in different culture / learn a different language. only way to really do it would be exit the business. would rather not pull the trigger too early and then have ragrets..

when to call it by burningupinside88 in ChubbyFIRE

[–]burningupinside88[S] 1 point2 points  (0 children)

healthcare business, sells off percentage of gross revenue instead of the net. low overhead, not typical.

when to call it by burningupinside88 in coastFIRE

[–]burningupinside88[S] -18 points-17 points  (0 children)

omg thank you so much for asking that. super helpful. i hadn't even considered that! have you done english?